First Au Ltd V.FAU.H

Primary Symbol: FRSAF

Metals & Mining Industrial Metals & Minerals

First AU Limited is an Australia-based advanced gold and base metals exploration company. The principal activity of the Company is exploration for gold and other metals in its interests in mining tenements located in Western Australia and Victoria. It is engaged in pursuing exploration programs at its Victorian Goldfields Project in East Gippsland and its 100% owned Gimlet Gold project near Kalgoorlie. The Victorian Gold Project is located in the Gippsland region, which is in the historic mining area of Swifts Creek and is focused on the Haunted Stream and Snowstorm Projects. The flagship Haunted Stream Project is located in East Gippsland Victoria (340 kilometers (km) South East of Melbourne). The Company’s Gimlet Gold Project is located approximately 15 km northwest of Kalgoorlie, Western Australia EL26/174 and application M26/849 -9.6 square kilometers. The Snowstorm Prospect is located within the historic Swifts Creek Goldfields in the East Gippsland region.

OTCPK:FRSAF - Post by User

First Au Ltd

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Post by thebakeron Jun 21, 2012 11:10am

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Post# 20039076

FAU

It does not seem likely that this stock will be moving forward any time soon. There is some hope if they can get some production from the CIL, and have some cash flow, but this will all be flowing towards paying loans.

On another note, I will have to put spaceduck on ignore. His posts are hard to read, and who can put any credibility in someone that writes with a lisp. Speaking that way indicates a physical handicap. Writing that way incicates a mental handicap.

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